The Problem With Music
Steve Albini, an independent and corporate rock record producer (who produced Nirvana’s “In Utero”), writes a very interesting piece about how musicians are treated by record companies, including a breakdown of royalty payments and profits.
“The band is now 1/4 of the way through its contract, has made the music industry more than 3 million dollars richer, but is in the hole $14,000 on royalties. The band members have each earned about 1/3 as much as they would working at a 7-11, but they got to ride in a tour bus for a month.”
Related Posts
- MTV Boss Slams TV Pop Talent Shows -- Here's a thought: maybe music sales are...
- Court Okays Library Web Filter Law -- The Supreme Court ruled 6-3 in favor of...